Business
Boeing posts smaller loss as jet deliveries rise
Boeing reported a smaller second-quarter loss on Tuesday (Jul 29) as the US planemaker ramped up jet production and deliveries, recovering…
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Business
Business
UnitedHealth Group stock price drops again as the health insurance giant’s sickly summer continues
UnitedHealthcare’s parent company, UnitedHealth Group, is in need of some bed rest this week. The company’s stock price (NYSE: UNH) has…
Business
Ermenegildo Zegna Group Inks Agreement to Sell Stake to Temasek
MILAN – Capitalizing on the momentum of its brands, the Ermenegildo Zegna Group is welcoming a new partner. Zegna has inked an agreement…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
Microsoft’s access to OpenAI tech is focus of contract talks
Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would…
Business
Temasek to buy a 5% stake in Italian luxury group Ermenegildo Zegna
Temasek has signed a share-purchase agreement with Ermenegildo Zegna to purchase a 5 per cent stake in the Italian luxury group at US$8.90…
Business
Temasek to buy 5% stake in Ermenegildo Zegna
Temasek has signed a share-purchase agreement with Ermenegildo Zegna to purchase a 5 per cent stake in the Italian luxury group at US$8.95…
Business
Optus’ performance in spotlight at Singtel AGM
Eight hundred Singtel shareholders packed into a function room in the Sands Expo and Convention Centre on Tuesday (Jul 29), with questions…
Business
Merck to cut jobs and costs as demand for Gardasil in China remains weak
Drugmaker Merck on Tuesday (Jul 29) announced job and cost cuts it said will save US$3 billion a year as it posted lower second-quarter…
Business
AstraZeneca quarterly net profit jumps on record US growth
British pharmaceutical giant AstraZeneca on Tuesday (Jul 29) said net profit rose 27 per cent in the second quarter, boosted by record…
Business
This robot uses Japanese tradition and AI for sashimi that lasts longer and is more humane
A local startup is using artificial intelligence and robotics in an unlikely way: making sashimi and other fish dishes taste better, last…
Business
Singapore shares fall for third session; STI down 0.3%
Local stocks dipped for the third straight session on Tuesday (Jul 29), with more losers than gainers, with heavy selling in Singapore…
Business
Holland Link site draws 5 bids; top bid from Sim Lian at S$368.37 million or S$1,432 psf ppr
THE maiden tender for a government land sales (GLS) site in the new Holland Plain precinct has fetched five bids. A tie-up between Sim…
Business
Tariffs hit Inchcape’s Asia-Pacific sales, shares drop 10%
British car distributor Inchcape reported weaker first-half results on Tuesday (Jul 29) as US tariffs dampened demand for high-end…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Russia strikes prison in Ukraine, killing 17 and wounding dozens
A Russian airstrike on a prison in a frontline region in southeastern Ukraine has killed 17people and wounded 42others, according to…
Business
Temasek-backed Indian eyewear retailer Lenskart files for IPO, to raise 21.5 billion rupees in fresh issue
India’s biggest eyewear retailer Lenskart has filed for an initial public offering, which includes the issue of fresh shares worth 21.5…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
RNLI crew makes no apologies for saving lives in English Channel
Simon Jones BBC News, Dover Lifeboat crew members who are called out to migrants crossing the Channel in small boats have told the BBC…
Business
Apple to shutter a retail store in China for the first time ever
Apple is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to…
Business
Analysts downgrade SIA, cut price targets amid lower Q1 profit, Air India losses
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profits plunged…
Business
SIA shares sink over 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged…
Business
Does Tatler’s Editor Richard Dennen Have the Hottest Job at Condé Nast?
LONDON — Does Tatler’s Richard Dennen have the best edit job at Condé Nast? He’s in a rare position at the publisher’s U.K. offices as…
Business
Jeremey Tahari Introduces His First Elie Tahari Collection as CEO and Creative Director
Jeremey Tahari, Elie Tahari’s 23-year-old son who was named chief executive officer and creative director of Elie Tahari in February, has…